Precious Metal Sizes Available at APMEX

When building your collection of Precious Metals, consider which sizes best suit your needs and preferences as an investor. Is it more practical for you to store dozens of 1 oz Silver coins or a single 100 oz Silver bar? The choice is yours. With more than 10,000 products in stock, APMEX has the options to bring your aspirations to reality.

Why Precious Metal Measurements Matter

As long as Gold, Silver and other commodities have played a role in human commerce, traders have sought to standardize weights and measurements. Ancient civilizations in Egypt, Mesopotamia and the Indus Valley developed some of the very first measurement systems in the 4th and 3rd millennia BC. Out of necessity, these systems were based mainly on ubiquitous resources including water and grain. Over time, governments enforced measurement standards to help streamline trade and protect against fraud. After all, kings and emperors needed a system to accurately calculate the value of their treasury and collect taxes. The ancient Greeks and Babylonians traded Gold and Silver in talents, a system originally based on water mass. As early as the 9th century BC, English traders developed the grain-based troy ounce and troy pound, which remains one of the most common units of measurement today for Precious Metals. Investors continue to rely on standardized measurement systems to guarantee the value of their Precious Metals. Rest assured that APMEX is fastidious about authenticating the weight and size of every product available. When deciding on which size is right for you, be aware that a 1 oz Gold bar will likely have a slightly higher premium per ounce than a 5 oz Gold bar. As with other commodities, bulk buying has its benefits. But also keep in mind that a collection of 1 oz Silver bars could later be sold or liquidated in smaller increments than a single 10 oz Silver bar. For help demystifying measurements and determining the highest return for your oz of Gold or oz of Silver, consult APMEX’s extensive educational resources.

How to Convert Precious Metal Measurements

You may be curious about how to convert Precious Metal pieces from troy ounces into grams and vice versa. It is also useful to understand the relationship between grams and kilograms, as well as grains and troy ounces. Conversion is simple, as demonstrated by the following charts. Precisely, 1 troy ounce equals 31.1035 grams, and 1 gram equals 0.03215 troy ounce. Whether you are shopping for a 100 oz Silver bar or 1 oz of Gold, troy ounces are the most common unit of measurement referenced at APMEX. Multiplying the listed price for a 1 oz Gold bar or a 1 oz Silver coin by 0.03215 will show you the price per gram. Some products at APMEX are listed in grams and kilograms. Be aware that 1,000 grams make up 1 kilogram. One of the least common units listed is grain referenced to troy ounces. A troy ounce equals 480 grains and 1 grains equals 0.002083 troy ounce. Multiplying the listed price for 1 oz of Gold or 1 oz of Silver by 0.002083 shows the price per grain.